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Forex reserves fall to $284.65 bln as on June 28: RBI

Source : REUTERS
Last Updated: Fri, Jul 05, 2013 18:29 hrs

MUMBAI (Reuters) - India's foreign exchange reserves fell to $284.645 billion as on June 28, from $287.846 billion in the previous week, the RBI said on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the Reserve Bank of India said in its weekly statistical supplement.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).

(Reporting by Neha Dasgupta; Editing by Anand Basu)



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